JAPAN DAYBOOK: Uniqlo February Sales, Monetary Base

By Editor: [bn:PRSN=17082648] Gearoid Reidy [] -
Mar 1, 2011

Fast Retailing releases sales
figures for its Uniqlo clothing chain for February. Sales
rose in January for the first time in six months.

WHAT TO WATCH
*The Bank of Japan reports the monetary base for February at
8:50 a.m.
*SBO Securities, kabu.com Securities, Monex Securities and
Rakuten Securities will jointly brief on online sales of
mutual funds at 11 a.m.
*Auction result of Treasury Discount Bills at 12:35 p.m.
*Eli Lilly’s Japan unit briefs on earnings at 2 p.m.
*Fast Retailing (9983 JT) releases same-store sale data for
its Uniqlo stores in February at 3:05 p.m. Sales in January
rose for the first time in six months.
Nissan Motor (7201 JT) briefs on its ‘Life On Board’ well-
being technologies at 3:30 p.m.
*Yushiro Chemical Industry (5013 JT) releases the terms of a
1.48 billion yen share sale. Time not available.

EQUITY PREVIEW
*ANA (9202 JT) said it will seek to almost double revenue on
its international routes by 2015, the Nikkei newspaper said.
*Hitachi (6501 JT) The UK government said that a train
renewal project worth 600 billion yen will go ahead as
planned. A consortium led by the Japanese electronics maker
is the preferred bidder.
*Industrial & Infrastructure Fund Investment (3249 JT) will
sell shares to the public for 405,945 yen each.
*Nippon Telegraph and Telephone expects to add 2.1 million
subscribers to its fiber-optic service in fiscal 2011.
*Tomoe Engineering (6309 JT) raised its first-half net income
forecast 29 percent.
*Toyota Motor (7203 JT) said it is recalling vehicles in Taiwan.
*United Urban Investment (8960 JT) plans to raise up to 64.9
billion yen through a share sale.
*Seven & I (3382 JT) will increase its stake in Tower Records
Japan